Kassab Leanne D 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CNB Financial (CCNE) SEVP Leanne Kassab Receives Award — 1,485 Shares
What Happened Leanne D. Kassab, Senior Executive Vice President and Chief Experience Officer of CNB Financial Corp. (CCNE), received 1,485 shares of common stock on February 23, 2026. The award is reported at an acquisition price of $27.70 per share, for a total reported value of $41,135. This transaction is coded as an award/grant (A) — a compensation issuance under the company's equity plan, not an open-market purchase.
Key Details
- Transaction date and price: 2026-02-23 at $27.70 per share (1,485 shares; $41,135 total).
- Shares owned after transaction: not specified in the filing.
- Footnote F1: Shares were issued pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, converting performance units into common shares based on the issuer's performance over a three-year performance period.
- Footnote F2: Describes depositary shares (1/40th interests in a preferred share) purchased in a public offering; this is a separate detail noted in the filing and not the common-stock award.
- Filing timeliness: Reported filed on 2026-02-23 (same day as the transaction).
Context This was a performance-based equity award (conversion of performance units) under the company’s incentive plan. Such awards are compensation-related and reflect plan mechanics and performance results over a designated period; they are not the same as an insider buying shares on the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-23$27.70/sh+1,485$41,135→ 22,352 total
- 1,000
Depositary Shares
[F2] - 728(indirect: By Spouse)
Common Stock
- 8,745.319(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
- [F2]Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.